The return of Hong Kong as a territory to China is highly significant in drawing to a close what many Chinese see as the domination and disregard for the … Without Hong Kong the "elite" in mainland would lose access to be able to "freely" trade with more western countries. They see … The Hong Kong security issue will ultimately resolve itself – but not at the cost of China’s sovereignty. Hong Kong is seen as an errant child and one that’s causing a good deal of trouble and embarrassment to the motherland. From 1941 to 1945, it was occupied by the Japanese Empire. Here are some charts that show several reasons why Hong Kong is important to China. The Hong Kong Stock Exchangehas been the preferred destination choice for most Chinese companies looking to raise capital, as the mainland Chinese stock markets are more restrictive and have higher financial requirements. Article 23 of Hong Kong's mini-constitution, known as the Basic Law, says the city must enact national security legislation to … But by no mean it was a threat. China proposes law to tighten its grip on Hong Kong - Los Angeles Times Recent developments show Beijing’s influence is amplifying in Hong Kong – here’s what has happened so far, and why mainland China is increasingly emboldened. That lease came about as a result of wars over trade imbalances, opium, and the shifting power of Queen Victoria 's British empire. Until 1997, Hong Kong was ruled by Britain as a colony but then returned to China. China’s parliament will consider giving Beijing greater powers to crack down in Hong Kong. It doesn’t just want to control Hong Kong; it wants to remodel the minds and souls of the Hong Kong people. China didn't threaten UK, China made it clear that we want it, and we want it now. Just as many Chinese people are underwhelmed by the outdated New York City subway systems and by potholes on the highways in Silicon Valley, they are increasingly losing interest in the Hong Kong model of free borders and freedom of speech. Many have come to believe that Hong Kong wouldn’t be so rich without mainland China. They even have their own Olympic team, anthem, and flag. "Hong Kong has multiple advantages that are missing in China. Hong Kong was originally ruled by China up to the Qing dynasty in 1842 when the Treaty of Nanking ceded the island to the British Empire and later expanded to include the Kowloon Peninsula in 1860 after the Second Opium War and later by the Convention for the Extension of Hong Kong Territory in 1898 to lease the New Territories. The proposal, which has been condemned by the United States and Hong Kong pro-democracy figures as an assault on the city's freedoms, was submitted for deliberation on Friday. China uses Hong Kong’s currency, equity and debt markets to attract foreign funds, while international companies use Hong Kong as a launchpad to expand into mainland China. That's a request, and if UK refused, it shall become a demand any minute. Under the "one country, two systems" arrangement, it has some autonomy, and its people more rights. That is why Beijing wants to silence us, and that is why the world should do their best to save us, before it is all too late. Hong Kong includes 426 square miles of territory in the South China Sea, and it is today one of the most densely occupied and economically independent parts of the world. Last month, Beijing’s top officia… The stalemate continues, at great risk to Phase 1 trade negotiations. Hong Kong has been rocked by protests since early June, many of which have ended in violent clashes between police and demonstrators.. Why did the protests start? “They don’t want Hong Kong to become just another city in China,” said Bland. They want to turn Hong Kong's high degree of autonomy into de facto independence, with the ultimate objective to contain China's rise and prevent the revival of the great Chinese nation. Chinese leaders do not fear that a crackdown on Hong Kong would inspire Western antagonism. In April, Beijing’s top official in H… It is … Even the pro-Beijing camp in Hong Kong does not favor Chinese intervention, according to analysts. Chinese … There is a deeper problem underpinning the Hong Kong protests – the difference in how China and Hong Kong … Hong Kong's stock market also attracts more overseas investors. Hong Kong has been trying to introduce a law for years but pro-democracy demonstrations that paralyzed the city in 2019 have pushed the issue up the agenda and galvanized Beijing. China wants Hongkong because Hongkong belonged to China, and it SHOULD belong to China. Hong Kong’s status as a global financial and business center has also helped China to promote greater global use of its currency, the renminbi or Chinese yuan. The territory — which has its own currency, the Hong Kong dollar — is one of the few places where the yuan is traded outside the mainland. Beijing has tightened its grip on Hong Kong in recent years, dimming hopes that the … The BBC's Helier Cheung on Hong Kong's 2019 protests. While Hong Kong makes up only a small part of the Chinese GDP, something like 2.7%, Hong Kong is the "pathway" that money flows into and out of China. The harder line nationalists in power may … It was a busy … And how does it link to why this law has been put in place? Musings from afar Why Hong Kong matters to China At a time when China is facing global indignation over its mismanagement of initial stages of coronavirus, tightening screws on Hong Kong … China didn't take back Hong Kong from colonial Britain only to give it away a generation later. Fairly or not, many in Hong Kong blame people from China for spiraling housing costs, as China’s rich park their money in expensive apartments. In 1972, after the change of the Chinese … So the British plan was to grow poppie… The One Country, Two Systems model means that while Hong Kong is part of China, it should have a high degree of autonomy – and freedom of the press, the right to protest, and freedom of religion are all protected by law, unlike in the mainland. Article 23 of Hong Kong’s mini-constitution, known as the Basic Law, says the city must enact national security legislation to prohibit “treason, secession, sedition (and) subversion” against the Chinese government. Article 23 of Hong Kong’s mini-constitution, known as the Basic Law, says the city must enact national security legislation to prohibit “treason, secession, sedition (and) subversion” against the Chinese government. By the 1820s and 1830s, the British had conquered parts of India and had intentions of growing cotton in these lands to offset the amount of cotton they were buying from America. The details - finally released shortly before midnight on June 30 in Hong Kong … Hong Kong University’s Public Opinion Program, a long-running survey, found that just 3.1 percent of those under 30 identified as Chinese, with the vast majority seeing themselves as Hong … punishing acts of secession, subversion of state power, terrorism and “collusion with foreign and external forces to endanger national security.” To pursue territorial integrity – in other words, to recover Tibet (achieved), Hong Kong (achieved) and Taiwan (a work in progress) Everything else is small change and everything is subordinated to these four goals. HONG KONG: China's parliament has proposed introducing a new security law in Hong Kong, a move expected to fan fresh protests in the semi-autonomous financial hub. But they have a different mindset for governing Hong Kong – what they want is to control Hong Kong to serve their own interests,” said pro-democracy veteran Albert Ho Chun-yan. First, a registration-based IPO [citation needed]When this endeavour failed, the British realised they could grow poppies at an incredible rate. Hong Kong’s Freedoms: What China Promised and How It’s Cracking Down. Hong Kong is very different to other Chinese regions. Beijing has said it would not sit idly by if the unrest in Hong Kong threatened Chinese security and sovereignty. Chinese officials have said the events in Hong Kong were an internal matter and denounced foreign interference. But, as China has become much stronger, Beijing feels empowered to act against the threats it faces in Hong Kong. Hong Kong's Basic Law, as agreed between China and Britain, means Hong Kong will retain its own currency, legal system and … In 1898, Great Britain leased, or rented, Hong Kong from China for 99 years. The party is not acting out of malignancy but a desire for survival. Hong Kong was handed back to China after 155 years of British rule. Why has China moved to impose the law? Does China want to reunify the two states? Hong Kong can provide some sort of balance. These poppies could then be turned into opium, which the Chinese highly desired, but their laws prohibited. Chinese leader Xi Jinping has signed new national security laws for Hong Kong and they are now in effect. Why China wants to crush Hong Kong: Beijing’s power play to seize control and spread authoritarian rule. Hong Kong has been trying to introduce a law for years but pro-democracy demonstrations that paralysed the city last year have pushed the issue up the agenda and galvanised Beijing. There are a number of reasons why China is making such an aggressive move on Hong Kong now. It was a British colony for more than 150 years - part of it, Hong Kong island, was ceded to the UK after a war in 1842. That may be why the Chinese, having taken Hong Kong back from the British in 1997 as a “Special Administrative Region,” have encountered such fierce resistance to making Hong Kong … As the coronavirus restrictions ease, the protests are resuming. What China Wants In Hong Kong NPR's Scott Simon asks UC San Diego's Susan Shirk about what's driving China's response to the Hong Kong protests and how she sees the situation playing out. Why does this anniversary matter? Open capital markets One of the most obvious traits that separates Hong Kong from the rest of China … This divide stems from the fact that, culturally, Hong Kong is its own thing, proudly distinct from mainland China. While most Hong Kongers consider themselves Chinese, they do not consider themselves a part of China. The Chinese Communist Party is ambitious, and it is impatient. Commentary: Why China doesn’t understand what the Hong Kong protesters want.
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